Home Other State Haryana govt signs Rs 20,000 cr worth MoU for logistics parks

Haryana govt signs Rs 20,000 cr worth MoU for logistics parks

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Haryana government has signed a memorandum of understanding with an integrated trade facilitation services organisation Verbind to set up a logistics and trading hub in the state that would attract investment to the tune of 20,000 crore rupees. According to a press release from Confederation of Indian Industry (CII), the hub will be spread over an area of 600 acres near Gurugram and the public-private project is expected to generate employment for six lakh people.

The Haryana State Industrial and Infrastructure Development Corporation will be the nodal agency for the project. Haryana Principal Secretary, Industries and Commerce, Sudhir Rajpal said that the state is ranked first among north Indian states in the ease of doing business index of the government, and sixth in the country. He was addressing the CII Invest North 2017 event at Mumbai yesterday.

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